Czasopismo
Tytuł artykułu
Autorzy
Warianty tytułu
Evaluation of the government subsidies to building savings: impact on the savings and income inequality
Języki publikacji
Abstrakty
We evaluate the extent in which the building savings subsidies, a large spending program of the Czech government, achieves one of its stated goals, i.e., to promote savings of the Czech households. Using household-level survey of investment and saving behaviour, we identify households that are apparently unaffected in their level of savings by the building savings subsidies. At least 44% of the total spending on the subsidy is received by households whose savings are unaffected, and in fact 9.6% of the total spending on the subsidy effectively subsidizes borrowing instead of savings. We identify at most 19% of households whose level of savings may be increased because of the subsidy. We also evaluate the distributional impacts of the building savings subsidies. They are regressive overall, especially for the poorest quartile of the Czech households.
Wydawca
Czasopismo
Rocznik
Tom
Numer
Strony
991 – 1004
Opis fizyczny
Twórcy
autor
- CERGE-EI, společné pracoviště Centra pro ekonomický výzkum a postgraduální vzdělání Univerzity Karlovy a Národohospodářského ústavu AVČR, v. v. i., Politických vězňů 7, 11121 Praha 1, Czech Republic, libor.dusek@cerge-ei.cz
autor
Bibliografia
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.cejsh-3db0e397-4214-49fc-b072-81cee1136002